The value of the watch is largely driven by hype and social media, says watch connoisseur Suarez who also keeps abreast in the happenings within the international timepiece market. “In my opinion, Patek and Tiffany could’ve celebrated their anniversary with a more complicated watch featuring mastery of craftsmanship and having a lot of features: Tourbillon, minute repeater, etc.” Suarez offers.
Because of the discontinuation of the blue dial, and a similar fate awaiting the green one this year , all Nautilus models are expected to go higher in value. Already, the craze over stainless steel models is at the highest levels ever. “The scarcity of the steel models especially of Patek and Rolex will make a good number of people go back to gold,” predicts Suarez. “Imagine, the gold watches from Patek and Rolex more readily available and could be purchased cheaper because the steel Rolexes and Pateks are not available at authorized dealers. So the secondary market prices the steel ones at 2 to 3 times their SRP.”
Meanwhile, those who have been pushed toward picking the gold options may eventually start seeing that gold is easier to get, says Suarez, “and at the same time realize that gold is a more precious metal.” The timepiece is available exclusively at Tiffany boutiques that carry Patek Philippe, in New York, Beverly Hills and San Francisco.
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